Columbia Business School (CBS) has announced four two-year, full-tuition fellowships open to international students entering in August 2014. Announced late month, the Dong-Bin Shin Fellowships will be awarded, one each, to students from four different regions: the Middle East or Africa, Europe, Latin America and South Korea. Applications are due by January 6, 2014.
The fellowships are named for CBS alumnus Dong-Bin Shin ’81, chairman of the Lotte Group, a diversified company based in South Korea and Japan that includes more than 70 companies across a range of industries. Shin, who also serves as a member of the CBS Board of Overseers, recently made a $4 million gift to the school, part of which will support the fellowships. Continue reading…
Welcome back to Campus Chronicles! This week Clear Admit provides a peek into the pages of The ChiBus, University of Chicago Booth School of Business’ student newspaper, as part of our ongoing project to keep you apprised of the news at top business programs.
SeedCon, The Entrepreneurship and Venture Capital (EVC) Club’s annual conference took place November 22 at the Gleacher Center. This year’s theme was “Disruption,” focusing on exploring “new ways to think about ideation, creation and entrepreneurship in general,” said EVC Co-Chair and event organizer Tricia Felice (’14). Neil Stevenson, Managing Director at IDEO, was the first keynote speaker. He contrasted historical thinkers, concluding that in modern times, the best thinkers are adaptable and able to sample from both wildly exploratory and more mechanical no-nonsense approaches.
The Food, Environment, Agribusiness & Development (FEAD) Group hosted its annual FEAD Fall Forum at the Gleacher Center on November 18. Attracting more than 80 Booth students, the evening’s theme was “Innovation: From Farm to Fork,” and featured four panelists who spoke about the exciting new ways their companies are working to bring innovative food to America’s tables. One of the speakers, Ryan Engle of Cargill Inc., spoke about how the food scientists at Cargill helped Taco Bell develop the Doritos Locos Tacos. Taco Bell sold 100 million of the tacos in just ten weeks, making the project the biggest fast food launch ever, according to Business Insider. Continue reading…
Consulting firm McKinsey & Co. hired more 2013 MBA graduates from both Northwestern University’s Kellogg School of Management and the University of Chicago’s Booth School of Business than any other employer, Crain’s Chicago Business reports.
Forty-six of Kellogg’s 750 graduates headed to post-MBA jobs at McKinsey, and 41 of Booth’s 579 graduates did the same, Crain’s reported, citing annual employment records from the schools. McKinsey has been the largest employer of Booth graduates for five years running. Kellogg can almost make the same claim, except that Boston Consulting Group hired three more graduates than McKinsey in 2010. Continue reading…
Last week’s column highlighted the extent to which having a ‘hard work’ ethos and a mindset focused on seeking out tough challenges after graduation (rather than expecting immediate gratification and a big payout from one’s business school efforts) can be a driving factor in students’ post-MBA success rates.
As part of that focus on appropriate mindset, it’s worthwhile to expand MBA candidates’ awareness and field of vision to include some of the opportunity costs of recruiting MBAs that play a role in employers’ decisions and expectations with respect to hiring business school candidates.
There are, of course, other ‘flavors’ of MBA than the traditional two-year programs that often comprise a company’s recruiting mix and serve as additional competition for full-time MBAs. (See The Best Business Schools of 2013: Part-Time and Executive MBA for BusinessWeek’s latest ranking of leading programs.)
It’s noteworthy that as business schools have grown and diversified their service portfolios to reflect their own competitive landscape (e.g., by offering specialized, one-year degree programs, in addition to undergraduate business degrees as well as Executive MBA and Part-Time degrees), they’ve created attractive pools of candidates that, from an employer’s perspective, bear the same educational imprimatur and can offer distinct advantages. For example, one advantage of specialized programs is that they can provide employees with deeper technical expertise, something not always associated with the general management focus of most full-time MBA programs (see The Business of Zeroing In and The Booming Market for Specialized Master’s Degrees for additional perspectives). Continue reading…
I arrived 15 minutes before the scheduled time and had a chat with other participants of the group discussions. We were 5 in total, all males.
Then, we were invited to another room by the adcom representative. After we took our seats she gave a guideline on the discussion format. She took notes and kept time.
Each one of the participants made a brief introduction of his idea. Next, we selected one common idea and elaborated on it. Quite quickly we came up with a constructive idea and added some solid layer of details. Then, one of the guys made the presentation to the adcom rep.
I believe we were very productive as some other groups couldn’t even define their key idea properly. My opinion is that we were lucky to have people with similar professional background (consultants and finance guys) and who are used to make presentations and structure data. Also, everyone was playing it safe and was extra polite, smiling and supporting.
One-on-one interview was blind and lasted about 10 minutes. I was asked to share my feedback on the group discussion and walk through my resume. Then, I asked 2 questions about the school.
Overall, in my opinion, every participant performed well and tried to add some value to the discussion.
I had the interview in a coffee shop near the area where alumnus lives. The atmosphere was very relaxed and casual. The alumnus had graduated this year and had up to date knowledge about the school curriculum and activities.
The interview started from the typical “walk me through your resume” questions. (I sent him my resume two days before the interview). Then, he asked me to elaborate on some of the experiences that I described. The next parts were “why do you need Booth” and “why Booth needs you”. He also asked to describe in detail my short- and long-term goals. No grilling or particularly challenging behaviour questions.
At the end, I asked questions about his experiences in school and career choices. I wanted to finalize the interview after three questions, but he encouraged to ask more, so I came up with a few additional ones.
Overall, he seemed to be very friendly and even supportive. He told to let him know about the final results of the admission process.
The whole interview took slightly less than an hour.
My interview was on-campus with a second-year student (Admissions Fellow). It was 45 minutes long and blind, although the interviewer had reviewed my resume and made a few notes beforehand. The questions were pretty consistent with what other applicants have reported on this and other sites:
1) Why did you choose your undergraduate major?
2) How did you decide to work in the field you’re working in (different from what I studied)?
3) What made you move from Role X to Y (when I changed jobs)?
4) What are your long-term career goals?
5) Why do you feel you need an MBA now?
6) Why Chicago Booth?
7) Tell me about a situation when you had to navigate/resolve conflicts while working in a team setting?
The interview was conversational – not intimidating at all; other interviewees reported similar experiences. The questions were fair and while they were not unexpected, it didn’t feel like the interviewer was simply going through a list (unlike at another peer school I’ve interviewed at). The school/interviewers made a conscious effort to put candidates at ease before the interviews (the school had current students in the waiting area at all times, to chat with interviewees; most interviewers chatted about random stuff with candidates on their way to the rooms) – a nice touch.
Overall, a positive interview experience. Three things I would give the school specific props on: Organization, opportunity (to make your case), environment (a pleasant environment makes it harder to gauge what assessments are being made during the interview, but the lack of pressure does help most candidates avoid anxiety and put their best foot forward – a net positive in my book).
I met the assistant dean of admissions at the Hilton in midtown New York. Though the hotel was crowded, we had a quiet area. It was a blind interview, but she had my resume. She was prepared with a full sheet (front and back) of questions, and she wrote down almost everything I was saying. The interview took a full 30 minutes, as there were about 15 questions. What surprised me was that there were a lot of questions about times I had failed/times I had to overcome obstacles. I was more prepared to speak about my accomplishments so this took me by a bit of a surprise. Overall, it was a good conversation and she asked good followup questions to my answers. It seemed like the school genuinely wanted to know about me as a person and what made me different.
-Walk me through your resume
-Tell me about your international experiences
-Tell me about a time you had to overcome an obstacle working in a group and what you would do differently if you had to do it again
-Tell me about a time you had to persuade others
-Tell me about a time you had to persevere
-Tell me about a time you failed and what you learned
-What are the 3 top qualities you think a leader should have
-What are 3 qualities you look for in a business school
It was a resume-based interview, with the interviewer having no exposure to the other portions of my application. In addition to my resume, the interviewer had a sheet of questions with spaces to write answers/notes, and continued to make reference to the need to follow the sheet (my experience was more conversational than most of the other interviewees reported during subsequent discussion) Thus, the questions asked were:
-What is your story?
-What do you want to do, and why do you need an MBA to do it?
-Why does that MBA need to be from Fuqua?
-What will you contribute to the program? (I had spoken previously about Team Fuqua, so the interviewer framed this question as ‘What teams will you contribute to?)
Then, some behavioral questions:
-What is your greatest success, and your greatest failure?
-Tell me how you work as part of a team
Then I got about 5 minutes to ask my questions, and that was it. Fingers crossed!